News
Important Only
IDB issues first Amazonia Bonds, says expects Brazil to join in
IDB President says IDB raised $100 mln in first issuePart of plan to issue up to $1 blnSays Brazil government has signaled plan to issue bondsBy Marcela Ayres SAO PAULO, Nov 4 (Reuters) - The Inter-American Development Bank (IDB) has raised $100 million with its first Amazonia Bond to tackle defo...Reuters
Tue, Nov 4
US motor vehicle sales drop in October as EV subsidies expire
By Lucia Mutikani WASHINGTON, Nov 4 (Reuters) - Sales of U.S. light vehicles fell in October as the expiration of federal government subsidies undercut demand for battery-powered electric cars, and an easing labor market and looming higher prices from tariffs could limit any rebound this year.Lig...Reuters
Tue, Nov 4
Auto File - Chips Ahoy!
Nov 4 - By Nick Carey, European Autos Correspondent Greetings from London! I'm just back from a holiday in Crete and aside from the island’s stunning scenery, I was struck by the fact that I did not see a single electric vehicle.That's a sharp contrast from my neighbourhood in London...Reuters
Tue, Nov 4
Brazil's industrial production resumes downward trend in September
SAO PAULO, Nov 4 (Reuters) - Brazil's industrial production fell in September, data from statistics agency IBGE showed on Tuesday, matching market expectations and losing momentum amid high borrowing costs.Following a rebound in August, industrial output in Latin America's largest economy dr...Reuters
Tue, Nov 4
UK's Reeves paves way for tax rises in her next budget
Reeves warns of 'hard choices', readying possible tax risesFinance minister blames Conservatives for state of economyGovernment borrowing costs fall after Reeves speaksBusinesses warn further tax rises may hit UK sentimentConservatives dismiss speech as 'laundry list' of excusesBy Al...Reuters
Tue, Nov 4
Canada's Shopify forecasts holiday-quarter revenue largely above estimates
Nov 4 (Reuters) - Shopify SHOP.TO, SHOP.O projected quarterly revenue largely above market estimates on Tuesday, signaling strong demand at the e-commerce company as retailers gear up for the all-important holiday shopping season. The company expects revenue to rise in the mid-to-high-twenties perce...Reuters
Tue, Nov 4
An Obama-appointed judge's 'roadmap' could help Trump win Supreme Court tariffs case
Appeals court said Trump exceeded powers with tariffsObama-appointed judge concluded Trump acted legally Administration argues tariffs authorized by 1977 lawSupreme Court hears arguments in the case on Wednesday By John KruzelWASHINGTON, Nov 4 (Reuters) - As the U.S. Supreme Court weighs the legalit...Reuters
Tue, Nov 4
Carney's first budget promises generational investments, tough choices in Canada to counter US trade rift
Economists expect deficit to rise significantly in the budgetExperts await well-defined, clear fiscal guard-rails from CarneyCarney has promised increased spending on defense and housing Revenue loss from scrapped tariffs, tax breaks adds pressure By Promit Mukherjee OTTAWA, Nov 4 (Reuters) - Can...Reuters
Tue, Nov 4
Kenya says more talks needed to secure new IMF programme
Says classification of securitised debt main sticking pointKenya is turning to securitised borrowing after debt surgeDenies that exchange rate stability is an issue in the talksBy Duncan Miriri NAIROBI, Nov 4 (Reuters) - Kenya will hold further talks with the International Monetary Fund to overco...Reuters
Tue, Nov 4
